The growth of its economy means that the People’s Republic of China ranks at the top of many energy related league tables. It produces and consumes roughly 50% of the world’s annual coal demand, while also being the largest importer of coal (accounting for 16% of total coal imports). China is the world’s largest oil importer, yet is still the world’s fifth largest oil producer. Also, it has the world’s most ambitious nuclear program, the world’s largest renewable energy industry and one of the fastest growing demands for natural gas. China’s appetite for energy is huge and is set to grow substantially over at least the next decade.
The Dynamics of China’s Energy Economy